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Virtual Drive-By

Wells Fargo Absolute NNN

2610 West Sugar Creek Road · Charlotte, NC 28262 · Banking / Financial

Asking price
$1,325,000
Cap rate
—
NOI
$62,805

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeAbsolute NNN
Term remaining—
Expiration08/2030
Rent bumpsRent increases 110% at the start of each renewal option period.
OptionsTwo, 5-year renewal options remaining. Rent increases 110% at the start of each renewal.
Ground lease—
Credit profile—
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF3,065
Price / SF$432
Year built—
Lot size1.20 ac
TypeBank
Days on market12

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​Wells Fargo bank branch located off W. Sugar Creek Road
  • ​Annual Lease Rate of $62,805 is significantly below market (+-$20.50/SF assuming 3,065 SF)
  • ​Lease Structure: Absolute NNN - No landlord responsibilities.
  • ​Lease Term: Expires 8/31/2030
  • ​Two, 5-year renewal options remaining. Rent increases 110% at the start of each renewal.
  • ​Located .25 mi from future Derita stop on Red Line Commuter Rail that will connect Uptown to Huntersville, Davidson and Mooresville.

Property overview

Wells Fargo Bank Branch For Sale in Northeast Charlotte

Take the next step on this property

We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.

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Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.